[150 Pages Report] The grain analysis market was valued at USD 1,665.8 Million in 2016 and is projected to reach 2,323.1 Million by 2022, at a CAGR of 5.8% during the forecast period. Increase in outbreak of foodborne illnesses, globalization in grain trade, and stringent safety and quality regulation for food & feed are the factors driving this market.

The years considered for the study are as follows:

Base year  2016

Estimated year  2017

Projected year  2022

Forecast period  2017 to 2022

The objectives of the report

To define, segment, and forecast the size of the grain analysis market, by services on the basis of grain type, target tested, technology, end use, and region

To define, segment, and forecast the size of the grain analysis market, by equipment on the basis of component

To forecast the size of the global grain analysis market and its various submarkets with respect to four main regions, namely, North America, Asia Pacific, Europe, and the Rest of the World (RoW)

To provide detailed information about crucial factors that are influencing the growth of the market (drivers, restraints, opportunities, industry-specific challenges)

To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To analyze competitive developments such as expansions, investment, acquisitions, and new service launches, new product launches, joint venture, collaboration, and other strategies in this market

Research Methodology:

Major regions were identified, along with countries contributing the maximum share

Secondary research was conducted to find the value of grain analysis for regions such as North America, Europe, Asia-Pacific, and RoW

The key players have been identified through secondary sources such as the Food & Drug Administration (FDA), the United States Department of Agriculture (USDA), and the Canadian Food Inspection Agency (CFIA), while their market shares in respective regions have been determined through both, primary and secondary research. The research methodology includes the study of annual and financial reports of top market players, as well as interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative) for the food thickeners market.

The grain analysis market is projected to reach 2,323.1 Million by 2022, at a CAGR of 5.8% from 2017 to 2022. The grain analysis market, by equipment, is projected to reach USD 761.7 Million in 2022 during the forecast period. The market is driven by increase in outbreak of foodborne illnesses, globalization in grain trade, and stringent safety and quality regulation for food & feed.

The grain analysis market, based on grain type, has been segmented into cereals, oilseeds, and pulses. The market for cereals dominated this market in 2016 and is also projected to be fastest-growing segment during the forecast period. This is attributable to their large-scale production and trade along with higher testing of pathogens, mycotoxins, GMOs, allergens, heavy metals, and other contaminants in this segment.

The grain analysis market, based on target tested, has been segmented into pathogens, pesticides, GMO, mycotoxins, and others. The mycotoxins segment dominated the grain testing services market in 2016, and is also the fastest-growing market during the forecast period. Mycotoxins are chemically stable at high temperatures, and therefore can travel all the way through the food supply chain causing various safety incidences due to which their occurrence in grains is most prevalent, thereby driving the market for mycotoxin testing.

The grain analysis market, by technology, has been segmented into traditional and rapid. The rapid technology segment dominated the market in 2016 and is projected to be the fastest growing by 2022. This is due to low turnaround time, higher accuracy, sensitivity, and ability to test a wide range of contaminants in comparison to traditional technology.

The grain analysis market, by end use, has been segmented into food and feed. The food segment dominated the market in 2016 and is projected to be the fastest growing by 2022. This is due to the increase in grain trade including import and export, their growing use as an ingredient in new food products, government efforts to ensure optimum nutrition in food, and complexities in the food supply chain have led to the rigorous testing of grains.

The grain analysis market, by component, has been segmented into instruments, consumables & reagents, and reference materials. This market was dominated by the instruments segment in 2016. The market for consumables & reagents is projected to be the fastest-growing during the forecast period.

Europe accounted for the largest market share in the grain analysis market. The dominant share of the European region is attributed to stringent regulations in place to make sure that grains used in both food and feed are safe for human as well as animal consumption. Further, it has the highest number of testing laboratories among all other regions and tests the most number of grain samples. Asia Pacific is projected to be the fastest-growing region during the forecast period due to growing consumer awareness and increasing health consciousness coupled with growing investments by testing companies in the region.

Lack of coordination between market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing economies are the major restraints for this market.